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Thursday newspaper round-up: Facebook, Johnston Press, steel industry

Thu, 11th Feb 2016 07:14

(ShareCast News) - Other EU leaders are ready to copy David Cameron's referendum tactics for their own "egotistic goals", the European Council president has said, as he sounded the alarm over populist politics bringing the bloc to the brink of "suicide". Donald Tusk's forthright warning on Wednesday came as he announced he was clearing his diary next week to concentrate on the "very fragile" talks on a "new settlement" for Britain, which will be discussed at an EU summit next week. - Financial TimesMark Zuckerberg has clashed with Marc Andreessen, a longstanding Facebook investor and board member, over what the social network's founder called "deeply upsetting" remarks about India's colonial history by the venture capitalist. The unusually public spat between the Facebook chief executive and one of his most prominent backers follows a significant setback earlier this week for the social network's plan to bring free mobile internet access to India. - Financial TimesJohnston Press is in advanced talks with the Lebedev family to buy the i newspaper in a deal that will raise questions over the future of its stable mate, The Independent. It is understood both sides are brokering the sale of the tabloid, with talks expected to run into the night. Sources confirmed the i, which was launched in October 2010 at a cover price of 20p, is the only subject under discussion between the two parties. - TelegraphDavid Cameron has hailed Britain's technology sector as "extraordinary", after a report revealed companies are generating £161bn for the economy. According to the Tech Nation report, now in its second year, the digital economy grew 32pc faster than the rest of the economy between 2011 and 2014, and is creating new jobs at an unprecedented rate. - TelegraphDavid Cameron has been accused of failing the British steel industry after the government confirmed it was blocking proposals from other EU members to tackle dumping of cheap product by China. Sajid Javid, the business secretary, said it would not be right for the EU to scrap regulations known as the "lesser duty rule", which some countries want to end in order to allow higher tariffs on Chinese steel. - GuardianThe Bank of England and Paul Tucker have been drawn back into the Libor scandal amid claims that Barclays used what it believed was a confidential instruction from a former deputy governor to lower rates to buy billions of pounds of debt in rival British lenders at the height of the financial crisis. - The TimesThe outgoing boss of Waitrose who didn't get the job he originally wanted - the chairmanship of Channel 4 - is to be elevated to the peerage and become Her Majesty's minister for trade and investment. Mark Price, the self-proclaimed "chubby grocer", was scheduled to retire from Waitrose in April and it had become common knowledge that he coveted the job at Channel 4. - The Times
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9 Nov 2023 16:07

National World confirms acting finance chief in post permanently

(Alliance News) - National World PLC on Thursday said it has confirmed Acting Finance Director Sheree Manning in post as permanent chief financial officer, alongside naming Chief Commercial Officer Mark Hollinhead as chief operating officer.

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22 Oct 2018 16:57

Majedie Investment Unit Sells Entire Johnston Press Stake (ALLISS)

LONDON (Alliance News) - Johnston Press PLC said Monday that Majedie Asset Management Ltd sold its entire stake in the company.Majedie previous holding in the company before the sale was at

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19 Oct 2018 18:25

Custos Group Raises Johnston Press Stake To 25% In Deal (ALLISS)

LONDON (Alliance News) - Johnston Press PLC said Friday Custos Group AS increased its stake in the multimedia news company to 25% after transactions on Thursday and Friday.Prior to these a

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11 Oct 2018 10:04

Johnston Press puts itself up for sale

(Sharecast News) - Johnston Press, the publisher of the i and Scotsman newspapers and roughly 200 other local titles, has put itself up for sale.

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11 Oct 2018 09:34

Debt-Laden Scotsman Publisher Johnston Press Puts Itself Up For Sale

LONDON (Alliance News) - Johnston Press PLC, the publisher of the i, Scotsman and Yorkshire Post newspapers, said Thursday it has decided to put itself up for sale to maximise shareholder value on

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29 Aug 2018 10:40

WINNERS & LOSERS SUMMARY: Johnston Press Drops 20% On Revenue Decline

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - up 2.3% and United up 1.9%. Citigroup

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29 Aug 2018 07:53

Johnston Press revenue dented by Google and Facebook changes

(Sharecast News) - Newspaper publisher Johnston Press reported a drop in first-half revenues on Wednesday as it took a hit from algorithm and news feed changes at Google and Facebook, but said it swung to a pre-tax profit.

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27 Jul 2018 16:41

Alex Salmond Dropped From Johnston Press Takeover Plans

LONDON (Alliance News) - Alex Salmond has been dropped from plans for a takeover of the newspaper group which publishes the Scotsman and the i, it has emerged.Norwegian investor Christen he

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26 Jul 2018 13:15

Johnston Press Shares Spike 60%, Knows Of No Reason Why

LONDON (Alliance News) - Johnston Press PLC said Thursday it does not know the reason behind its sharp share price increase.Shares were trading 60% higher at 5.66 pence each Thursday - the

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29 May 2018 16:05

UK Shareholder Meetings Calendar - Next 7 Days

Wednesday 30 MayAG BarrBodycote Crusader ResourcesRoyal Bank of Scotland Topping

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1 May 2018 09:28

Johnston Press Boss Ashley Highfield Resigns As Finance Head Steps Up

LONDON (Alliance News) - Publishing firm Johnston Press PLC said Tuesday Chief Executive Officer Ashley Highfield will resign from early June for "family reasons" to be replaced by its -

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19 Mar 2018 09:47

PRESS: Investor Pauses Bid To Make Alex Salmond Johnston Press Chair

LONDON (Alliance News) - Plans for former Scottish National Party leader and First Minister of Scotland Alex Salmond to be installed as chairman of Johnston Press PLC by have

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3 Feb 2017 09:42

UPDATE 1-Yorkshire Post publisher Johnston Press flags improved trading

(Recasts, adds shares, details) Feb 3 (Reuters) - Johnston Press Plc, the publisher of the Scotsman, said trading towards the end of 2016 improved as it posted a 1 percent rise in fourth-quarter revenue aided by strong sales of its "i" and Yorkshire Post titles. The 250-year-old compa

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3 Feb 2017 09:29

Johnston Press recovers after tough post-Brexit vote period

(ShareCast News) - Multimedia company Johnston Press, owner of brands like The Scotsman and The Yorkshire Post, has reported an improvement in trading in the fourth quarter after a 5% fall in revenue during the aftermath of the Brexit vote. The group recovered in the fourth quarter with a 1% rise in

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3 Feb 2017 08:13

Publisher Johnston Press full-year revenue falls; weak pound hurts

Feb 3 (Reuters) - Johnston Press Plc, the publisher of the Scotsman and the Yorkshire Post, said it is seeing higher costs from imported paper and ink due to weakness in sterling after the Brexit vote, as it posted a 6 percent fall in full-year revenue. The 250-year-old company said trading

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